CBN increased capital base for commercial banks

BY March 28, 2024

The post CBN increased capital base for commercial banks appeared first on Kemi Filani News.

The Central Bank of Nigeria (CBN) has raised the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn. CBN confirmed this on Thursday, in a statement signed by its Acting Director, Corporate Communications, Sidi Ali. The apex bank’s move mandates substantial increases in the minimum capital base for banks, […]

The post CBN increased capital base for commercial banks appeared first on Kemi Filani News.

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Tobi Amusan from Nigeria is the latest sensation in World Athletics!

Nigeria’s Tobi Amusan has set the 100m hurdles world record ablaze after breaking the record twice in just over an hour en route the world title.

Al-Bahrani advocates for accountability, sustainable business practices at ESG Forum
The managing director, BAT West and Central Africa,Yarub Al-Bahrani, has announced that the company initiated the Environmental, Social, and Governance (ESG) Forum to address the need for sustainable and responsible practices in the manufacturing sector. Yarub disclosed this at the maiden edition of the Private Sector ESG Forum hosted by British American Tobacco (BAT) Nigeria […]
NEPZA to list Free Trade Zones on NGX, digitise operations
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‘How CBN’s policy may affect TETFund's foreign scholarship, others’
Sponsorship of foreign scholarships and conferences for members of academic staff from the various beneficiary institutions has been one of the major areas of interest to the Tertiary Education Trust Fund (TETFund). The post ‘How CBN’s policy may affect TETFund's foreign scholarship, others’ appeared first on The Guardian Nigeria News - Nigeria and World News.
Zamfara State education to receive boost as Lawal, Echono meet in Abuja
Going by the commitment given by the Executive Secretary, Tertiary Education Trust Fund (TETFund), Arc. Sonny Echono, Zamfara State tertiary education will soon receive desired attention by way of interventions. The post Zamfara State education to receive boost as Lawal, Echono meet in Abuja appeared first on The Guardian Nigeria News - Nigeria and World […]
When TETFund builds capacity of ICT staff in beneficiary institutions
Recently, the Tertiary Education Trust Fund (TETFund), played host to a large number of staff of the department of Information and Communication Technologies (ICT) from various beneficiary tertiary institutions across the country, who gathered at the Fund’s Abuja office for a two-day capacity building on ICT essential skills. The post When TETFund builds capacity of […]

Video depicting impeached Edo state deputy governor’s house demolition, misleading
Claim: X users Ogie (@marythesa) and Pastor Okezie J. Atani (@ONgbonu) claimed in a viral video that the government demolished the House of the impeached deputy governor of Edo State, Philip Shuaibu. Verdict: MISLEADING. While available findings show the security post outside the impeached Deputy Governor, Philip Shuaib’s house, was demolished, the state Commissioner for … The post Video depicting impeached Edo state deputy governor’s house demolition, misleading appeared first on Dubawa.
Misleading post claims Fulani extremists destroyed power plant in southeast Nigeria
Claim: A social media user alleged a photo they shared showing that the Aba power plant had been destroyed in an attack by Fulani extremists. Verdict: Misleading DUBAWA found that the image, which had existed online before the plant was commissioned, was shot in the United States. Full Text The Aba Power Plant, known as … The post Misleading post claims Fulani extremists destroyed power plant in southeast Nigeria appeared first on Dubawa.
Scam Alert! Federal Government not giving N50,000 for child support
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FALSE! FGM has profound health implications for women and girls
Claim: A religious leader in The Gambia, Imam Abdoulie Fatty, asserted that female genital mutilation (FGM) has no health implications. Verdict: This claim is false. DUBAWA’s checks have revealed there are serious health consequences for anyone who undergoes female genital mutilation. “FGM has no health benefits…it can lead to immediate health risks, as well as … The post FALSE! FGM has profound health implications for women and girls appeared first on Dubawa.
Claim UK offering illegal immigrants £3,000 to return home, mostly true
Claim: A TikTok user claims the United Kingdom is offering illegal immigrants £3,000 to vacate the country. Verdict: Our findings confirmed that the UK government has established a voluntary return initiative for illegal immigrants. However, while participants may be eligible to receive financial assistance of up to £3,000, the money is not automatically paid as … The post Claim UK offering illegal immigrants £3,000 to return home, mostly true appeared first on Dubawa.

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